The Globe and Mail reports in its Saturday, Dec. 20, edition that Interfor's ($21.25 (Canadian)) deal to acquire four United States sawmills is priced well and should prove accretive to earnings, says Raymond James analyst Daryl Swetlishoff. The Globe's Darcy Keith, Jody White and Tim Shufelt write in the Eye On Equities column that on Thursday, Interfor announced an agreement to purchase the mills in the U.S. Southeast and Pacific Northwest from Simpson Lumber Co. for $94.7-million (U.S.) plus future payments. Mr. Swetlishoff says: "With an outstanding track record of strategic capital deployment we consider Interfor to be a core stock holding. ... While we forecast tighter lumber markets we see material upside from capital already deployed even under a constant lumber price scenario." The Raymond James stockpicker upgraded Interfor to "strong buy" from "outperform." As well, Mr. Swetlishoff hiked his price target to $23.50 (Canadian) from $21.25 (Canadian).